Feasibility studies will:

Feasibility studies will:

• A. Assist with staff training schedules.
• B. Guide an operation's planners and architects.
• C. Determine only the interior color palette.
• D. Provide the basis for long-range capital planning.

Answer: (D)

Feasibility studies assess whether a proposed project is viable in financial, technical, and operational terms, and they estimate costs, potential returns, risks, and required resources. The main goal is to determine whether to proceed and how the project would fit into the organization’s plans over time. Because they outline capital needs and expected benefits on a multi-year horizon, they provide the basis for long-range capital planning, guiding which investments to fund and when. They aren’t about staff training schedules, cosmetic interior choices, or merely guiding design work; those aspects are addressed in other planning stages.

Feasibility studies assess whether a proposed project is viable in financial, technical, and operational terms, and they estimate costs, potential returns, risks, and required resources. The main goal is to determine whether to proceed and how the project would fit into the organization’s plans over time. Because they outline capital needs and expected benefits on a multi-year horizon, they provide the basis for long-range capital planning, guiding which investments to fund and when. They aren’t about staff training schedules, cosmetic interior choices, or merely guiding design work; those aspects are addressed in other planning stages.